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Hi I would appreciate your support in the folloing question in Managerial Economics: No firm is completely sheltered from rivals; all firms compete for consumer

I would appreciate your support in the folloing question in Managerial Economics:

"No firm is completely sheltered from rivals; all firms compete for consumer dollars. Therefore, pure monopoly does not exist."

How might we use the concept of cross elasticity of demand to judge whether monopoly exists?

Thank you in advance.

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